The Dealmakers: Pedro “Tony” Alvarez and Colleen Grady

The Deal: The Alvarez Arrieta & Diaz-Silveira attorneys represented Bayport Colombia in securing a $50 million loan from the Inter-American Development Bank (IDB) to finance micro-loans that will be made to lower income government workers and pensioners in Colombia. The loan was funded on June 17.

Details: The deal marks the first time the IDB, which provides financing for development in Latin America and the Caribbean, has given a financing package to a micro-lender.